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Tuesday, November 17, 2020 9:21:22 AM
1. PPS stands at 0.0800 after the 6 months. Will RB make the conversion? Of course not. So the $ 400,000 becomes due for payment. Case done.
2. PPS stands at 0.25 after the 6 months. Will RB make the conversion? Yes, of course, with a profit of 1,575,000.
And who will get the proceeds from the 31,500,000 x 0.25 = $ 7,875,000 ?! Guess 3 times !!!!!
Let's all hope that by the end of the 6 months the rate will be as high as possible, maybe $ 1. That would be 31,500,000.
Well, didn't our CEO do an excellent job - and deserve praise !?
Please correct me if I'm wrong!
PCTL - on to new heights!
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